Alibaba Health Information Technology Ltd. 0241
HKEX · Hong Kong SAR China · Technology Services
HKD 2.87+0.04 (+1.42%)
Market closed· · HKD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · HKD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Investing.com -- Michael Burry, the investor known for his bet against the U.S. housing market ahead of the 2008 financial crisis, has exited his position in Alibaba Group Holding Ltd. and shifted into rival Chinese e-commerce company JD.com Inc., saying Alibaba's shares have become too expensive.
Shares of Kuaishou and Alibaba Health surge as AI applications gain users and earnings estimates rise.
As global markets grapple with concerns over inflated AI stock valuations and economic uncertainties, Asian markets have also experienced their share of volatility. Despite these challenges, opportunities may exist for discerning investors who seek undervalued stocks that could potentially offer value in a fluctuating market environment.
Recent third-party headlines about this company, kept separate from Makkler's own editorial coverage and linking out to the publisher. Accuracy is the publisher's responsibility.